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Binance is set to acquire CoinMarketCap, the deal could be worth as much as $400 million
Binance is in the final stages of talks to acquire CoinMarketCap, The Block has learned. The crypto exchange is looking to pay as much as $400 million for the deal, people familiar with the deal told The Block. The cash-and-stock deal is expected to be announced this week. When completed, that would make it one of the largest acquisitions in the crypto space. Other terms of the deal remain unclear. The Block has reached out to both Binance and CoinMarketCap for comments and will update this story should we hear back. Just earlier this year, Binance CEO Changpeng “CZ” Zhao said that there are two acquisitions in ... (full story)
